There are more than 44 million immigrants living in the U.S. They account for about 13.6 percent of the total population, and together represent billions in annual real estate transactions – and Boston is one of the eight best cities at attracting their business, according to a new report from Abodo.
Here is the full rankings:
1. New York
2. Los Angeles
3. Miami
4. Washington, D.C.
5. Houston
6. Chicago
7. San Francisco
8. Boston
Since 2013, the city has attracted 161,713 new immigrants, helping bolster its foreign-born population. It’s no surprise that immigrants in Boston, because of its strong academic roots, are predominantly drawn to the area for its education opportunities.
The city’s immigrant population since 2010 has been the country’s most education-focused. The report confirmed that 64 percent of school-aged immigrants in Boston are enrolled in college, and that of those 25 or older, 65.2 percent have at least some college (and 28.6 percent hold a graduate or professional-level degree). That is far more than any other U.S. city.
Because Boston’s immigrant community is attracted to the city’s opportunities – and not necessarily its location – it’s no surprise the city’s foreign-born populace is so diverse: 17 percent are from Eastern Asia; 13.3 percent are Caribbean; 13 percent are from South Central Asia; 11.7 percent are South American; and 10.5 percent are from Africa.
See our below table for a full profile on Boston’s immigrant population:
New Immigrants Since 2013 | 161,713 |
Median Age | 28.7 |
Unemployment | 8.70% |
Male | 48% |
Female | 52% |
No High School (HS) Degree | 14.40% |
HS Degree | 20.50% |
Some College | 13.10% |
Bachelor’s Degree | 23.50% |
Graduate/Professional Degree | 28.60% |
Median Income as Percentage of Area’s | 64% |